News Details
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and paid debts to creditors including the British tax authorities, the London High Court heard on Monday. "We have a completion of the share purchase," a lawyer for the French car company told the judge, Mr Justice Birss, at a hearing that formally dismissed an insolvency petition that would have put the team into administration. "We have the keys, so to speak," he added. The share purchase agreement (SPA) that made Renault the controlling shareholder had been due for completion on December 16 but the court heard that the acquisition was finalised only late last Friday. Jeremy Bamford, counsel for the...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Renault was 'very close' to F1 pull-out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
10y ago from Motorsport.com
Renault was 'very close' to F1 pull out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
10y ago from Motorsport.com
Palmer keen to impress Renault in 2016
XPB Images
Jolyon Palmer says 2016 will be crucial for him to...
10y ago from F1i.com
Jorda excited about future with Renault
Carmen Jorda sounds confident she will remain with Enstone as the current...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
11h ago from Motorsport.com
The MotoGP changes Liberty Media should make,...
No description available...
1d ago from Motorsport.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
2d ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
1d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
3d ago from MotorsportWeek.c...
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
3d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Could time bonuses solve the “yo-yo effect” at the...
No description available...
8h ago from Motorsport.com
Dakar 2026, Stage 7: Mattias Ekstrom wins stage after...
No description available...
11h ago from Motorsport.com
Why M-Sport has faith in youth over experience WRC...
No description available...
1d ago from Motorsport.com
Tyre Lottery at the 2026 Dakar Rally: What’s going...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Player ratings: Portsmouth 1-4 Arsenal
Arsenal progressed to the fourth round of the FA Cup with a 4-1 victory at...
3h ago from FreshArsenal.com
Papers: Arsenal and Man City to battle for Livramento...
The top stories and transfer rumours from Saturday's newspapers...
4h ago from SkySports.com
Papers: Arsenal join the race to sign Guehi
The top stories and transfer rumours from Friday's newspapers...
4h ago from SkySports.com
Szoboszlai: Arsenal aren't champions yet, you don't...
It is still too early to crown Arsenal Premier League champions, says...
4h ago from SkySports.com
Comments
Hottest News
Aston Martin bends knee to Adrian Newey F1 demand
Aston Martin has hired ex-Red Bull simulation... Read More »
5h ago from MotorsportWeek.com
'We'll get other drivers' - Ford's defiant Max Verstappen...
Ford Racing global director Mark Rushbrook has... Read More »
2h ago from GPFans.com
Charles Leclerc's family grows after pregnancy announcement
The family of Ferrari F1 star Charles Leclerc is... Read More »
2h ago from GPFans.com
